question, president obama wants to pin sequestration on the republicans. speaker boehner calls sequestration, as you saw, quote unquote, the president's sequester. is he right? >> yes, he is right, in that it was proposed by the president and by his folks when they had the budget impasse, as a way of i say, putting pressure on both sides at some point to deal with it. but our government is so dysfunctional we are at this particular stage now. the problem now is, where do we go from here in terms of this is going to undermine the confidence of the country in the government, and its ability to address problems. it is going to undermine the confidence of business who wants to invest. this is just another disgrace in terms of the way the american government works. >> it's an exaggeration. >> no, i don't think it is. i think it is a major issue. this money will be cut one way or the other out of the budget but it is going to tell everybody something about our inability to deal with a most obvious problem. >> how should it be cut? >> i think to some extent acros